FOMC Day = Volatility!

Last FOMC Day ES initially spiked down 60 points, spiked up 90 points, then plunged 155 points all in the 2hrs after the FOMC statement. Be prepared for similar today starting at 2pm EDT... before then anticipate choppy sideways price action.
 
FOMC days can be notoriously the toughest sessions to trade. They are often unpredictable, random, volatile, and trappy.  On these days, my focus is entirely on reacting to price levels/plan, and in particular staying out when in doubt. Quite literally anything can happen, and traders need to be prepared for all outcomes.
 
Ultimately, the media seems to find narratives that conveniently ride along to fit... but is it news or technical analysis?

During days/weeks like this it can be best to zoom out and trade only higher time frame levels ie. 4hr, daily, even weekly levels. 

Interested in learning how to trade more confidently and consistently during times like this?  Keep reading, we plan to show you how this week!

Join us for a webinar on Thursday November 3rd at 4:30pm eastern
 
See How to Incorporate Bear Market Trading Strategies (and their Steep Bull Rallies) used by Wall St. traders during these volatile conditions.

• You'll see the five Price Action tools needed that are native to every charting platform and how to apply them in the current volatile conditions. 
• Real time futures charts across multiple time frames with upcoming bi-directional levels of interest will be shared.
• Depending on time, ticker/symbol requests may be taken and discussed live.
• As a BONUS participants will be introduced to the ChartPros Trade Entry Timing Tool that can be used anticipate market moves across a variety of timeframes and trading styles!

Presenter:  Tom Winterstein is the ChartPros founder. He has over 20 years of trading experience, is a certified mental performance coach and recently completed advance studies under the renowned High Performance Trading Psychologist Créde Sheehy-Kelly.  

He uses precision oriented price action technical analysis to trade Futures, Forex, Commodities, Equities, Options, Crypto, and Nadex.   You can view many of his trade recaps on ChartPros social media.

Tom was in MBA school during the 1987 market crash and has weathered the market cycles of the Dot Com era as well as the financial crisis of the 2008-2010 time frame.
 
Tom has also led and provided eLearning, online training systems, and workforce development solutions to organizations since 1998.  

Leverage his experience in your trading!